I have USD 2000 to invest. Should I buy Bitcoins or gold?

[ShopemNL]

Silverrrrrrrrrrrrrrrr

[gustav]

Silverrrrrrrrrrrrrrrr

It bubbles really easy. Market is tiny. 

[ShopemNL]

Silverrrrrrrrrrrrrrrr

It bubbles really easy. Market is tiny. 

Market is tiny... Whats wrong with you? Aint as big as with Gold, but enough to sell for 2k..

There will be no more physical silver within 10 years, then the bubble will come ..

[waterpile]

BITCOINS For life! Invest all you have in BTC

[markj113]

BITCOINS For life! Invest all you have in BTC

worst investing advice ever

[waterpile]

BITCOINS For life! Invest all you have in BTC

worst investing advice ever

but it can be also the best advice if the price sky rockets..

[markj113]

BITCOINS For life! Invest all you have in BTC

worst investing advice ever

but it can be also the best advice if the price sky rockets..

Walk in to a casino and put it all on black - does that count as investment advice, you could double the money instantly.

[gentlemand]

BITCOINS For life! Invest all you have in BTC

worst investing advice ever

but it can be also the best advice if the price sky rockets..

Walk in to a casino and put it all on black - does that count as investment advice, you could double the money instantly.

I can foresee an infinite thread loop forming. It will only be broken when one of you is proven firmly right. Let's hope it's soon.

[Shiver]

PM's to me are a long time frame investment (or should I say wealth preservation) decision.

BTC has lots of potential and an unignorable downside too.

I would say it should be a decision based on your timeframe and risk tolerance.  Are you comfortable with a 100% loss if the upside is several orders of magnitude on the upside, and (for example - not fact - a 50/50 chance either way)?

[CrackedLogic]

BITCOINS For life! Invest all you have in BTC

worst investing advice ever

but it can be also the best advice if the price sky rockets..

It skyrockets and then you become a Hodl'er. You get greedy and you wait it out, you go to bed and the next day you see everything you invested decrease by 31% over night.
You wouldn't want to see only 69% of your life savings in your bank account now would you? It's a very big risk, if you're confident and find it worth it to take the risk, I'd say put in no more than 30%-35% of your savings. No more.

[DavidBetancourth]

If you want to make 1 million dollars investing on bitcoins, you will need 2 million dollars,  its more likely you have to be willing to loss the half of your money trading on bitcoin. and thats not said just by me, it was also said by Andreas.

if you really want to invest on bitcoin, invest on the technology, invest on start ups, invest on skills

[CrackedLogic]

if you really want to invest on bitcoin, invest on the technology, invest on start ups, invest on skills

I've haven't thought about that before. It's actually a lot better than directly investing in Bitcoin. Although you may not get a Higher possible return, there's a higher chance you're getting something.

[Braino]

Buy Bitcoins.

Buy Altcoins with Bitcoins.

Trade Altcoins.

Profit.

Repeat.

[Chef Ramsay]

if you really want to invest on bitcoin, invest on the technology, invest on start ups, invest on skills

I've haven't thought about that before. It's actually a lot better than directly investing in Bitcoin. Although you may not get a Higher possible return, there's a higher chance you're getting something.

Not a bad idea if you know which ones are worth their salt. However, if you're getting a 50% return from a startup's dividends and bitcoin grows by more then you lose. Yet, you'll get a steady stream of dividends as long as the company is profitable so I suppose that once you have your stash of bitcoins for the long term you can use any extras for investments or trading alts. But, I'm not playing around the alt market as it's even more manipulated than bitcoin in terms of major market players shaking people down by pump and dumps.

[Deadstock]

I hold some gold/silver and a decent amount of bitcoins. why not distribute the wealth and minimize the risks involved?? 

[POM]

silver has been going down a bit might be a good time to pick up some coins

[Omikifuse]

the fees for other investments are too high for a $2000 investing be worth. Or to invest in start ups.

Your best option is btc or low return bank investments

 

[Saw]

 To be honest I wouldn't put money into either Bitcoin or Gold.If I had 2,000 USD to invest right now I would by Oil,and not futures I mean straight out own the barrel.It is what 48.00 a barrel today......I would hold half of it til it hits 60.00 then dump half and reinvest profits at slightest dip.Or at that time by gold.I would never buy BTC ....It is on a death slide IMO and will be replaced by whats known as a Gen 2 hybrid cryptocurrency.But this is just my opinion.Do whatever you like.

[Vhawk23]

To be honest I wouldn't put money into either Bitcoin or Gold.If I had 2,000 USD to invest right now I would by Oil,and not futures I mean straight out own the barrel.It is what 48.00 a barrel today......I would hold half of it til it hits 60.00 then dump half and reinvest profits at slightest dip.Or at that time by gold.I would never buy BTC ....It is on a death slide IMO and will be replaced by whats known as a Gen 2 hybrid cryptocurrency.But this is just my opinion.Do whatever you like.

Gen 2 hybrid cryto? What's that?
Is there any post about that?
And... Dose it'll be more "profitable" than bitcoin?
Sorry for questions, but I'm really curious about it
Anyway, Thanks in advance

[funtotry]

the fees for other investments are too high for a $2000 investing be worth. Or to invest in start ups.

Your best option is btc or low return bank investments

 

Another reason is that physical gold (only gold I would buy because its actually a useful currency and shiny) is hard to divide. Usually you buy 1oz, no 0.632 oz like we see in bitcoin, you can't just cut up some gold bars to divide them. So therefore 2000 would be VERY hard to invest in gold because it would not buy you an exact number of oz with 0 change.